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Netflix Chief Content Officer Ted Sarandos on cover of Variety — interview by N.Y. bureau chief Ramin Setoodeh:

  • Sarandos on Disney starting its own streams: "I would say that the relationship between studios and networks has always been that of a frenemy ... We started making original content five years ago, betting this would happen."
  • Sarandos "revealed that he anticipates spending a whopping $7 billion on original content next year — up from more than $6 billion over the past year and $5 billion in 2016."
  • Sarandos' darkest fear: "The more successful we get, the more anxious I get about the willingness of the networks to license their stuff to us ... That's why original content is critical, so subscribers feel like they can't live without Netflix."
  • "I don't think we compete with Amazon in the movie space at all," he says, pointing to how Amazon releases all of its movies in theaters first. "I frankly don't understand their strategy."

Go deeper

Dave Lawler, author of World
4 mins ago - World

How Biden might tackle the Iran deal

Photo illustration: Aïda Amer/Axios. Photo: Drew Angerer/Getty Images

Four more years of President Trump would almost certainly kill the Iran nuclear deal — but the election of Joe Biden wouldn’t necessarily save it.

The big picture: Rescuing the 2015 Joint Comprehensive Plan of Action (JCPOA) is near the top of Biden's foreign policy priority list. He says he'd re-enter the deal once Iran returns to compliance, and use it as the basis on which to negotiate a broader and longer-lasting deal with Iran.

Kamala Harris, the new left's insider

Photo illustration: Eniola Odetunde/Axios. Photo: Joe Buglewicz/Getty Images     

Progressive leaders see Sen. Kamala Harris, if she's elected vice president, as their conduit to a post-Biden Democratic Party where the power will be in younger, more diverse and more liberal hands.

  • Why it matters: The party's rising left sees Harris as the best hope for penetrating Joe Biden's older, largely white inner circle.

If Biden wins, Harris will become the first woman, first Black American and first Indian American to serve as a U.S. vice president — and would instantly be seen as the first in line for the presidency should Biden decide against seeking a second term.

Updated 8 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Large coronavirus outbreaks leading to high death rates — Coronavirus cases are at an all-time high ahead of Election Day — U.S. tops 88,000 COVID-19 cases, setting new single-day record.
  2. Politics: States beg for Warp Speed billions.
  3. World: Taiwan reaches a record 200 days with no local coronavirus cases.
  4. 🎧Podcast: The vaccine race turns toward nationalism.